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Home Location Guernsey

Channel Islands team gives legal advice in £300 million Kings Cross sale

April 9, 2018
in Guernsey, Jersey
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Bedell Cristin has advised Abu Dhabi Investment Authority (ADIA) on all Jersey law matters in relation to the circa £300m sale of Regent Quarter, N1 to Hong Kong-based Nan Fung Group.

The property comprises 250,000 square feet spread across some 30 buildings including nearly 200,000 square feet of fully let modern offices, historic warehouses and retail space adjacent to King’s Cross station.

The Bedell Cristin team was led by Tom Davies, partner, and Charlotte Bascombe, associate, on the Jersey law aspects with Louise Hassell, associate, advising in respect of BVI law.

Tom Davies, who is based in Bedell Cristin’s London office, commented:

“Jersey’s legislative offering is ideal for international investors seeking to invest in real estate in London and elsewhere, and we are delighted to have assisted ADIA on this substantial sale involving numerous Jersey entities, multiple jurisdictions and several fund administration teams.”

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